AT&T, Lucent report losses totaling $20 billion

Boston Globe via Seattle Post Intelligencer ^ | July 24, 2002 | PETER J. HOWE

[Caipirabob]

...or how about "The Fraudulant '90s"?

[operation clinton cleanup]

Leaving out the $13.1 billion in "goodwill and franchise impairment"

What the F!??

[DoughtyOne]

Just remember, character doesn't matter fella.

[per loin]

Europe still improving. Nobody down 5% now.

[DoughtyOne]

Thanks. I'll take another look.

[DoughtyOne]

Sweden, Norway and Denmark are stil in the 4.2 to 5.0 percentage decline range.

[CDHart]

"the truth is the greedy millions who pored billions into the stock market and "companies" that never made a dime expecting easy money are just as much to blame IMO."

You're right. All of us were expecting double-digit returns and didn't examine too closely the methods used to accomplish this.

Carolyn

[DoughtyOne]

I can't see the DOW doing too good in a few hours with other leading markets down 2.5 to 5.0%. England is down 3.3% at the moment. As you stated, this could be another frantic day.

[per loin]

Sweden, Norway and Denmark are stil in the 4.2 to 5.0 percentage decline range.

Right. And that's the good news. They were worse a while ago.

[DoughtyOne]

LOL, pretty bad when a 4.0 to 5.0 is a relief. Good luck in the market today.

[Jimmy Valentine]

Can somebody tell me how Lucent (formerly Bell Labs) with all of their capital and all of their patentable products can have fallen on such hard times?

What kind of a**holes have been running that place?

Regards,